Technician
Short

Carefusion An Attractive Risk/Reward Short

124 1 2
A long term persistent             divergence on momentum and inflow, while Price remains within a potential rising wedge , which if broken should confirm a move lower. My bias is bearish and targets at 35.00 and 30.00.

What is interesting about this setup is the attractive Reward compared to risk at current levels, as invalidation of the setup could be on a break above the wedge (3 to 4 percent), while big potential to the downside(10 to 20 percent).
We are finally LIVE https://thefxchannel.com
Although it might be too early to short for a 'biggie...a short probe could be initiated @ $39 with a stoploss @ 40.50 First target $37.50..a further break of the $37 level would be a nice opportunity to increase short positions...Good Trading: Think, Talk & Trade like a Winner! Regards JRS. OptieAcademy.nl
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out